515 Downing Avenue, Edinburg, TX 78539
- $519,000
- 4,080
- SqFt
- List Price
- $519,000
- Status
- ACTIVE
- MLS#
- 515896
- Living Area
- 4,080
- Lot Size (Acres)
- 0.23140000000000002
- Year Built
- 2018
Property Description
GENERATING APPROXIMATELY $54,000 A YEAR IN GROSS REVENUE WITH ROOM TO INCREASE! This well-maintained Fourplex features two spacious 3-bed, 2-bath units in the front and two 2-bed, 2-bath units in the rear. Each individually metered unit also features a fully paved, low-maintenance backyard with no grass to maintain. Each unit includes a well-equipped kitchen with oven/stove, refrigerator, microwave, and washer & dryer. Prime location in the gated community of Monmack Landing right in the heart of Edinburg! This Fourplex offers convenience near major shopping centers, restaurants, and UTRGV. A great opportunity for an investor looking to add a multifamily property to their portfolio or for an owner-occupant looking to live in one unit while utilizing the other units for rental income. Schedule your showing today!
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Additional Information
- Area
- Edinburg
- Subdivision
- Mon Mack Landing
- Taxes
- $9,837
- HOA Fee
- $500
- Stories
- 1
- Interior Features
- Ceiling Fan(s)
- Amenities
- Gated, Sidewalks, Street Lights
- Exterior Features
- Mature Trees, Sprinkler System
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Sewer
- City Sewer
- School District
- Edinburg ISD
- Elementary School
- Trevino
- Middle School
- B.L. Garza
- High School
- Edinburg North H.S.
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Listing courtesy of Jeremiah (David) Pena with Tnt Real Estate